Vice President, Lending

Salary: $110,000 - $135,000Who We AreMassDevelopment, the states development finance agency and land bank, delivers financing solutions, real estate expertise, and other assistance to strengthen and grow the Massachusetts economy. We partner with businesses, nonprofits, developers, banks, and municipalities, providing resources to help create jobs, build housing, and foster vibrant communities across the state. We foster a work environment that values diverse perspectives, encourages innovation, and celebrates our shared commitment to building a stronger Massachusetts.We are seeking a strategic, relationship-drivenVice President of Growth Capital Lendingto play a pivotal role in expanding access to capital for small businesses across Southeastern Massachusetts. This senior-level role manages the full deal lifecycle, from sourcing and structuring to closing and portfolio oversight, with a strong focus on impact lending, community development, and inclusive economic growth.The ideal candidate brings deep expertise in small business or commercial lending, a passion for economic empowerment, and the ability to build trusted partnerships across diverse communities and stakeholders.What You'll Do:End-to-End Loan Origination:Source, structure, and underwrite small business loan opportunities in collaboration with Credit Officers and the SVP of Growth Capital Lending.Pipeline Development:Cultivate relationships with entrepreneurs, financial institutions, referral sources, and ecosystem partners to generate a strong pipeline of mission-aligned lending opportunities.Deal Structuring & Execution:Lead transaction structuring, negotiate terms, and manage legal documentation, commitment letters, and closing processes to ensure accuracy, compliance, and timely execution.Portfolio Management:Oversee ongoing borrower relationships, conduct annual reviews, assess financial performance, monitor risk, and ensure covenant compliance.Reporting & Forecasting:Support the preparation and review of monthly and quarterly reports, budgets, and forecasts at both the program and agency level.Community & Partner Engagement:Represent MassDevelopment at industry events, panels, and community meetings to promote lending programs and forge partnerships with banks, CDFIs, and other agencies.Collaborative Leadership:Work cross-functionally with the Business Development Team to strengthen referral networks and support co-lending and participation strategies that maximize impact.What Were Looking For:Bachelors degree required; preferred fields include Finance, Accounting, Economics, or Business Administration.5 years of experience in small business or commercial lending, credit analysis, or portfolio management.Formal credit training and familiarity with SBA loan programs and subordinated debt structures are highly desirable.Proficiency in financial statement analysis, risk assessment, and cash flow-based lending.Demonstrated experience in loan documentation, closings, and legal compliance.Excellent communication skills, both written and verbal, with confidence in public speaking and relationship-building.Ability to work independently and as part of a mission-driven, collaborative team.Commitment to equity, inclusion, and advancing economic opportunity in underserved communities.Willingness to travel throughout Massachusetts for borrower meetings, closings, and outreach events.Bilingual or multilingual skills are a plus.Benefits We Offer:Comprehensive Health Coverage:Including medical, dental, and vision insurance to keep you and your family healthy.Retirement Plans:Robust 401(a) and 457(b) plans with an agency match to help you plan for your future.Paid Time Off:Generous vacation, sickness, personal leave, and holidays allowing you to refresh and maintain a healthy work-life balance.Hybrid Work Environment:Helps you minimize the burden of a daily commute, for that ideal balance of work and personal life.Professional Development:Opportunities for continuous learning to help advance your career. Never stop learning with our tuition reimbursement and Student Loan Reimbursement programs.Wellness Programs:Access to wellness resources and programs to support your overall well-being.

Salary : $110,000 - $135,000